Pes Group Limited

Pes Group Limited, based in St. Albans, UK, is a sizable holding company with an active status, having operated for 31 years. Employing 35 people and boasting assets of £12,491,400, it’s a significant player in the industrial sector. The company, led by three directors and owned by Westbank Group Ltd, maintains a real address and enjoys a stellar 5.0 Google rating based on one review. Pes Group is a regular importer and exporter of electrical machinery and equipment, with 352 months of import activity and 115 months of export activity recorded.

The company's website showcases a broad range of industrial automation and control components. It acts as a distributor for well-known brands like Siemens, Weidmuller, Horner, Toshiba, and Moxa, offering everything from PLCs and HMIs to surge protection and busbar systems. The site’s extensive product catalog and detailed specifications indicate a focus on serving industrial clients. It's primarily an e-commerce business, with no mention of a physical showroom or direct sales force.

Financially, Pes Group Limited appears to be navigating a period of change. Current assets increased by 14% to £12,000,000, while net assets grew by 24% to £8,400,000. However, bank borrowings increased by 26%, reaching £5,300,000, and staff costs rose by 17% to £2,100,000. The company is classified as large, meeting two of three criteria (turnover over £36 million, balance sheet over £18 million, and over 250 employees). The increase in staff costs could reflect business expansion, while the rise in borrowings may indicate investment in inventory or infrastructure. The lack of an auditor is likely due to the company’s size and exemption from mandatory auditing.

Overall, Pes Group Limited seems to be a stable and growing company, well-positioned within the industrial automation market. The company’s strong supplier relationships and online presence should continue to drive sales, although managing costs and debt will be crucial for sustained success.

Registered in England/Wales under the registration number 02842153, with a registered address at AL2 2DQ, England, St. Albans, Unit 17 Handley Page Way Handley Page Way, Colney Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.